Hors Norme
ActiveHors Norme has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €85k and a net result of €3k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 32% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+20
Solvency60▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.78 against 0.52 in 2023; short-term debt: 15.8% and cash: 10% of total assets), and 65.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
34.8%
Return on assets
1.1%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
16 d early
2022
39 d early
2021
25 d early
2020
36 d early
2019
42 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€85k▲ 3.4%
2023 · €83k
2018: €41k
2019: €53k
2020: €68k
2021: €69k
2022: €92k
2023: €83k
2018 → 2024
Total assets
€245k▼ 4.0%
2023 · €255k
2018: €57k
2019: €72k
2020: €80k
2021: €233k
2022: €288k
2023: €255k
2018 → 2024
Net result
€3k
2023 · €-10k
2018: €36k
2019: €12k
2020: €15k
2021: €1k
2022: €23k
2023: €-10k
2018 → 2024
Working capital
€-9k▲ 47.6%
2023 · €-17k
2018: €32k
2019: €46k
2020: €59k
2021: €44k
2022: €5k
2023: €-17k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€68k-€69k▲ 1.7%€92k▲ 34.2%€83k▼ 10.3%€85k▲ 3.4%
Operating result€19k-€4k▼ 80.7%€29k▲ 688%€-5k€7k
Net result€15k-€1k▼ 92.1%€23k▲ 1,888%€-10k€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €7k after a loss of €5k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €245k
Fixed assets
€215k▼ 9.4%
Current assets
€30k▲ 67.3%
Equity and liabilities €245k
Equity
€85k▲ 3.4%
Debt
€160k▼ 7.5%
The debt ratio falls from 67.6% to 65.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29k▲
2023 · €17k
Cash flow
€25k▲
2023 · €13k
Solvency
34.8%▲
2023 · 32.4%
Current ratio
0.78▲
2023 · 0.52
Quick ratio
0.78▲
2023 · 0.50
Debt / equity
1.87▼
2023 · 2.09
ROE
3.2%▲
2023 · -11.5%
ROA
1.1%▲
2023 · -3.7%
Interest coverage
7.59▲
2023 · 4.25
Debt
€160k▼
2023 · €173k
Debt ≤ 1 year
€39k▲
2023 · €35k
Debt > 1 year
€121k▼
2023 · €138k
Income taxes
€226▲
2023 · €195
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€255k€245k▼
Fixed assets21/28€237k€215k▼
Tangible fixed assets22/27€237k€215k▼
Land and buildings22€191k€182k▼
Plant, machinery and equipment23€46k€34k▼
Financial fixed assets28€38€38=
Current assets29/58€18k€30k▲
Stocks and contracts in progress3€664-
Stocks30/36€664-
Amounts receivable within one year40/41€5k€3k▼
Trade receivables40€4k€779▼
Other amounts receivable41€815€3k▲
Cash at bank and in hand54/58€12k€25k▲
Deferred charges and accrued income490/1€647€2k▲
Equity and liabilities
Total equity and liabilities10/49€255k€245k▼
Equity10/15€83k€85k▲
Contributions10/11€6k€6k=
Reserves13€12k€12k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€65k€67k▲
Amounts payable17/49€173k€160k▼
Amounts payable after more than one year17€138k€121k▼
Financial debts170/4€138k€121k▼
Amounts payable within one year42/48€35k€39k▲
Current portion of amounts payable after more than one year42€17k€17k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€202-
Taxes450/3€202-
Other amounts payable47/48€16k€19k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€19k€31k▲
Operating profit (loss)9901€-5k€7k▲
Financial income75/76B€63€38▼
Recurring financial income75€63€38▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€-9k€3k▲
Income taxes67/77€195€226▲
Profit (loss) for the period9904€-10k€3k▲
Profit (loss) for the period to be appropriated9905€-10k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€65k€67k▲
Profit (loss) brought forward from the previous period14P€74k€65k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-10k ▼141%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Dave(JB) 2725100 NamurGround area
2,242 m²
Building footprint
368 m²
Volume, LiDAR
1,900 m³
2 parcels, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hors Norme
since 20122.214.635.407
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302F0011/00A004 | Wallonia | 1,958 m² | 1 · 268 m² | 5.5 m · 1 fl. |
| 92322F0491/00C000 | Wallonia | 283 m² | 1 · 100 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Erik De doncker
BE 0712.571.995
Erpe-Mere · Eq €85k
Huis K.
BE 0694.512.971
Kaprijke · Eq €86k
DU MAURIER & ASSOCIES
BE 0662.402.607
Nivelles · Eq €86k
NEXIS DYNAMIX
BE 1003.998.005
Geer · Eq €86k
L CONSTRUCT
BE 0875.906.436
Gent · Eq €86k
Of 3,919 companies in sector 71112 we hold annual accounts for 1,296. 1,067 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-09-2012
Fiscal year end31-12
Activities, NACEBEL
71112Activities of interior architects
46474Wholesale trade
47551Retail sale of household furniture
47552Retail sale of lighting equipment
47591Retail trade
47592Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
74104Other professional, scientific and technical activities
74130Interior design
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
5 entriesE-mail:b@onlyb.be
Phone:0475/44 09 77
Website:www.horsnorme.be
E-mail:gauthier@horsnorme.be
Phone:0476/27.36.66